Revealed late last week, NADA’s vice chairman for the new year has taken office. Taking the position for 2013 is Forrest McConnell, III, owner of McConnell Honda and Acura in Montgomery, Ala.. Commenting on his appointment, McConnell said, "I'm honored to lead a group of entrepreneurs that drive the American economy. It's a privilege to […] [Read More]

Toyota Motor North America announced last week that it has reached a settlement agreement with the attorneys general of 29 states and one U.S. territory to resolve issues related to recalls conducted by the company from 2005 to 2010. As part of this settlement, which Toyota’s board approved last December, the automaker will pay $29 […] [Read More]

As Subaru reached a new milestone with its annual “Share the Love” charity campaign, Chrysler Group revealed it took less than a week to hit a target necessary to trigger a donation to the National FFA Organization. Ram pledged to make a donation to the National FFA Organization for every view of its two-minute “Farmer” […] [Read More]

Chrysler Group said it will launch a recall to supplement a previous campaign staged to upgrade light-truck axles. The automaker explained the recall has implications for 361,819 vehicles sold in North America. Affected are 2009 Dodge Durango and Chrysler Aspen SUVs, 2009–2011 Dodge Dakota pickups and 2009–2012 Ram 1500 pickups. Chrysler indicated some rear axles […] [Read More]

Two senior leadership team changes were announced by Ford on Thursday, a move the company said is meant to further strengthen delivery of its One Ford plan for profitable growth. Elected as a Ford vice president and leader of the company’s new Global Dealer and Consumer Experience organization is Elena Ford, who since 2009 has […] [Read More]

Canadian Black Book revealed its 2012 Best Retained Value Awards this week. Toyota, Lexus, Subaru and Honda combined to win 11 first-place 2012 Canadian Black Book Retained Value Awards, while European automakers took home four, and of the Detroit 3, Chrysler took home three. There was one tie. [Read More]

The certified pre-owned programs at Honda and Acura are “posted to move the needle even further” this year after combining to sell more than 283,000 vehicles in 2012. That’s according to Brian Butts, who heads up both programs for American Honda Motor Co. and shared with Auto Remarketing last month what the company’s CPO dealers […] [Read More]

Two brands from the same manufacturer together collected 13 awards from IntelliChoice, in the company’s 2013 Best Overall Value of the Year Awards. The 2013 BOVYs represent 23 diverse but popular vehicle segments, which IntelliChoice said are meant to aid shoppers in comparing cost of ownership for similar vehicles over time, going beyond purchase price […] [Read More]

Satisfied customers and positive online reviews earned 95 U.S. auto dealerships honors from Edmunds.com. The company presented its inaugural Edmunds.com Five Star Premier Dealer Awards to the dealerships on Feb. 8, at the NADA Convention and Expo held in Orlando, Fla. Edmunds president Seth Berkowitz said, “Edmunds.com believes that customer service should be the No. […] [Read More]

It was another scorcher in the certified pre-owned market last year. According to Autodata Corp., dealers sold 1.83 million CPO units in 2012, making it two straight years of best-ever sales. Dealers have become innovators in pulling in needed used units for their CPO operations; they implemented unique ways to market their certified cars and […] [Read More]